TheStreet downgraded FS Investment Corporation (NYSE:FSIC) to Hold in a report released today.
- Updated: September 30, 2016
Yesterday FS Investment Corporation (NYSE:FSIC) traded -0.42% lower at $9.47. The company’s 50-day moving average is $9.62 and its 200-day moving average is $9.25. The last closing price is up 2.35% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 830,494 shares of the stock traded hands, up from an average trading volume of 732,966
TheStreet has downgraded FS Investment Corporation (NYSE:FSIC) to Hold in a report released on 9/29/2016.
Previously on 9/7/2016, Barclays Capital reported on FS Investment Corporation (NYSE:FSIC) reduced the target price from $10.00 to $9.00. At the time, this indicated a possible downside of -0.08%.
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FS Investment Corporation has a 52 week low of $7.11 and a 52 week high of $10.05 The company’s market cap is currently $0.
General Information About FS Investment Corporation (NYSE:FSIC)
FS Investment Corporation is an externally managed, non-diversified, closed-end management investment company. The Company's investment objectives are to generate current income and long-term capital appreciation. Its portfolio consists primarily of investments in senior secured loans and second lien secured loans of the private United States middle market companies and subordinated loans of the private United States companies. The Company may purchase interests in loans or make other debt investments, including investments in senior secured bonds, through secondary market transactions in the over-the-counter market or directly from target companies as primary market or directly originated investments. The Company invests in a range of industries, including capital goods, consumer services, consumer durables and apparel, energy software and services, materials, commercial and professional services, and diversified financials.
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